dub
Dub is a commission-free investment service that offers a copy-trading platform, allowing users to automatically mimic the investment strategies of others. The platform is regulated by FINRA and the SEC, and offers insurance on accounts up to $500,000 through SIPC.
Funding and Financial Backing
dub successfully raised $17 million in Series Seed funding. This capital influx underscores investor confidence in dub's potential to transform the investment market. The funds are expected to fuel further development of their platform, expanding services and enhancing user experience.
Investment Platform and Services
dub offers a copy-trading platform where users can automatically copy trades made by other investors. This service is commission-free and leverages a freemium model, allowing users to copy one portfolio for free. The platform caters to a broad audience by leveraging user-friendly features to simplify the investment process.
Regulatory Compliance
dub operates under stringent regulatory oversight, being regulated by both FINRA and the SEC. The company holds a Broker Dealer License and is also a member of FINRA. Additionally, dub is an SEC Registered Investment Advisor, ensuring compliance with federal securities laws and providing a secure trading environment.
Insurance and Security
Investors with dub benefit from insurance coverage up to $500,000 through the Securities Investor Protection Corporation (SIPC). This insurance underscores dub's commitment to protecting users' assets, ensuring peace of mind and enhancing trust in their financial services.
Deposit and Accessibility
dub provides instant access to deposits up to $1,000 for immediate investment. Larger deposits are typically available within 1-2 days. However, the platform's services are exclusively accessible to US Citizens, US Greencard Holders, and US Permanent Residents, aligning with regulatory requirements and ensuring streamlined compliance.
